Get started
AdamGoodwin

Reaction upwards from filling the CME gap, but hold your horses!

Short
AdamGoodwin Updated   
BYBIT:BTCUSD   None
Trend Analysis
9
2
trendanalysis
Significant upward resistance met at 7900 after violent reaction at filling the CME gap. Check tensorcharts. This could be a bull trap.

I missed my previous target and was stopped out while I was sleeping; however, I've re-positioned my short and I am still targeting the downside.

Comment:
Looking at the CME chart, the price is hitting resistance at the downward sloping channel.

snapshot
Comment:
Comment:
Bumping up against that 200MA on the 15m time frame.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.